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what is the 5th most traded global commodity
bananas
what climates are bananas grown in
grown in hot mainly lowland climates within the tropics
what % of ecuadors economy is bananas
4
where is the largest banana producing region
Asia
where are the largest banana exporting regions
Latin America and the Carribean
what does fairtrade do for bananas
the farmers get paid directly for their bananas so less money will go to the TNC’S
What are TNC’S
Transnational corporations are companies that operate in at least two countries with headquarters in one and business in another
where are TNC headquarters normally based
headquarters are based in a major city in the home country
where is research and development normally
in home country
where would subsidary headquarters be located
in each continent or countries where main operations are based
benefits of TNC’s
generates jobs and income - brings new technology -finds new worker skills - has a multiplier effect
lower costs because of cheaper land and lower wages - greater access to new resources and markets
cheaper goods - can specialise in services and research and development
costs of TNC’S
poor working conditions - exploitation of resources - negative impact on environment and local culture - economic linkages
ethical issues such as environmental damage or sweatshops can damage reputation
loss of manufacturing jobs - de-industrialisation
How many people do apple employ
98000 full time workers
how many apple stores are there
450
across how many countries does apple have stores
16
where are Apple’s european headquarters
Cork Ireland
global village
the world is a community in which people are connected and can be affected